AMBRY forex broker provides various trading information, with an average trading speed of 0ms, a trading cost of null, an average slippage of , a liquidation rate of %, a spread cost of 0.00, etc
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The foreign exchange (Forex) market is one of the largest and most liquid financial markets in the world, with a daily trading volume exceeding $6 trillion. In this dynamic environment, brokers play a crucial role in facilitating trades for individual investors and institutions alike. One such broker is Ambry Trade, which has emerged since its establishment in 2020. This article aims to provide a detailed overview of Ambry Trade, addressing three core questions:
Established | Regulatory Authority | Headquarters | Minimum Deposit | Leverage | Average Spread |
---|---|---|---|---|---|
2020 | None | Hong Kong | $0 | Up to 1:500 | Variable (not specified) |
Ambry Trade is a relatively new entrant in the Forex brokerage landscape, founded in Hong Kong in 2020. However, it is important to note that the broker operates without any regulation from recognized financial authorities, which raises concerns about investor protection and the overall security of funds. The absence of a minimum deposit requirement is appealing for beginners, allowing them to start trading with minimal financial commitment.
In terms of leverage, Ambry Trade offers competitive ratios of up to 1:500, which can amplify potential profits but also increases the risk of significant losses. The average spread is variable and not explicitly stated, which makes it challenging to evaluate its competitiveness compared to industry standards.
Ambry Trade primarily utilizes the MetaTrader 4 (MT4) platform, renowned for its user-friendly interface and extensive functionality. MT4 supports various trading strategies, including automated trading through Expert Advisors (EAs), and offers a range of technical analysis tools, including customizable charts and indicators.
Currency Pair Category | Number Offered | Minimum Spread | Trading Hours | Commission Structure |
---|---|---|---|---|
Major Currency Pairs | 20 | 1.0 pips | 24 hours | None (variable) |
Minor Currency Pairs | 15 | 1.5 pips | 24 hours | None (variable) |
Exotic Currency Pairs | 10 | 2.0 pips | Limited availability | None (variable) |
Ambry Trade offers a diverse selection of currency pairs, including major, minor, and exotic pairs. The minimum spreads for major pairs start at 1.0 pips, which is competitive but may vary based on market conditions. Trading occurs around the clock, allowing traders to engage with the market at their convenience. The absence of a commission structure can be advantageous for frequent traders, although it is essential to consider the impact of spreads on overall trading costs.
Execution speed and slippage are critical factors in trading performance. While specific data on execution speed is not provided, the MT4 platform is known for its reliability and efficiency. However, traders should remain vigilant, as slippage can occur during volatile market conditions, potentially impacting trade outcomes.
To ensure the safety of funds, Ambry Trade should ideally implement measures such as segregated accounts and negative balance protection. However, given the absence of regulation, traders may find limited recourse in the event of disputes or issues with withdrawals. Customer satisfaction data is sparse, with a low WikiFX score of 1.42 out of 10, indicating significant concerns regarding the broker's credibility.
For traders utilizing Ambry Trade's platform, a basic trading strategy could involve a combination of technical analysis and risk management. For example, traders can use support and resistance levels to identify entry and exit points while employing stop-loss orders to mitigate potential losses.
In summary, Ambry Trade presents a mixed bag of opportunities and risks. While it offers a user-friendly platform and accessible trading conditions, the lack of regulation and transparency raises red flags. This broker may be suitable for experienced traders who understand the risks involved and are comfortable navigating an unregulated environment.
1. Is Ambry Trade a regulated broker?
No, Ambry Trade operates without regulation from recognized financial authorities, which poses risks for traders.
2. What trading platforms does Ambry Trade offer?
Ambry Trade primarily offers the MetaTrader 4 (MT4) platform, known for its user-friendly interface and advanced trading features.
3. What are the minimum deposit requirements for trading with Ambry Trade?
There is no minimum deposit requirement, allowing traders to start with any amount they choose.
Risk Warning: Trading in Forex and other financial markets involves significant risk and may not be suitable for all investors. Always ensure you understand the risks involved and seek independent financial advice if necessary.
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